Re: Important message from Stormpay.
Most of you who use Stormpay will by now have received an
"explanation" from Stormpay as to why the accounts of dadndaves and a
number of other Autosurf programs have been suspended. It is extremely
unfortunate that a company of the size and standing of Stormpay resorts to lies
to justify it's actions. dadndaves has never been contacted by Stormpay, and has
never been asked to provide any information as to the legality of our program. I
understand that this is also the case with other programs. I also understand
that they may have had some discussions with 12dailypro, but 12dailypro does not
speak on behalf of the industry as a whole. Personally I also believe 12dailypro
had every right to refuse to provide Stormpay with the information required, but
that is another matter. I have voluntarily provided Stormpay with some
explanations to support my claim that dadndaves is not a ponzi scheme, is not a
commission based business, and is not a MLM program, but as I expected they have
not responded.
To claim that their investigations have deduced that these
merchants were already at an "upside down" point is another
lie. They have done no investigations into dadndaves, and if they had, they
would have discovered, that despite freezing hundreds of thousands of your
dollars, dadndaves has sufficient funds in other places to continue operations
as normal. I would suggest that the FTC would be better advised to caution
consumers about the risks of dealing with Stormpay.
How does this affect you? Currently
this situation should not affect dadndaves members too much at all. Payouts are
continuing as normal. dadndaves has offered members the opportunity to cash out
to a different processor until this matter is resolved. I believe we are the
only program to make this offer. In the now unlikely event that we should run
short of funds in the other 2 processors, there are ample funds available to
transfer to these processors to complete payouts. I re-iterate, everybody who is
entitled to it, will be paid.
Stormpay: The very latest. As most
of you are aware by now, Stormpay has today suspended the accounts of many
Autosurf programs. Despite the fact that dadndaves is not breaking any stormpay
rules, we are the latest victim of this outrage. If you have requested a cashout
to Stormpay, you will need to change your payout details and submit another
request to a different processor. The options currently available are Paypal and
e-gold. I will continue with payouts in the order they have been received, and
as the funds are depleted in these alternate processors, will be adding further
funds as required from my bank account. Everybody who is entitled to be paid for
January earnings will be paid. I cannot elaborate any further until I get more
details of exactly what is going on, but I can assure you payouts will continue.
Please do not email me about this matter. I will share any information I have
with you all as it comes to hand.